Housing Market Analysis for LAKELAND CLOSE, IG7 4QU

Are you looking to understand IG7 4QU house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Redbridge postcode.

For the location information and nearby amenities in the IG7 4QU area, explore the IG7 4QU Area information page.
For comprehensive crime statistics in the IG7 4QU area, explore the IG7 4QU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IG7 4QU postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £332,167 median price is £360,000 Standard Deviation is £119,479 with Total Sold: 6
    • The Last 5 Year average price is £425,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 36 LAKELAND CLOSE: £425,000 (Sold on 17 Jul 2020)
    • The first recorded sale happened at this postcode is 38 LAKELAND CLOSE: £128,000 (Sold on 19 Nov 1999)
  • Terraced
    • The average price is around £240,679 median price is £232,500 Standard Deviation is £88,841 with Total Sold: 14
    • The most recent sale happened at this postcode is 26 LAKELAND CLOSE: £430,000 (Sold on 29 Dec 2017)
    • The first recorded sale happened at this postcode is 2 LAKELAND CLOSE: £88,000 (Sold on 20 Mar 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average IG7 4QU house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£425,000 £5,380 1
2016£465,000 £5,000 1
2015£430,0001
2012£250,000 £2,688 1
2008£295,000 £3,734 1
1999£128,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£405,000 £4,581 2
2015£282,500 £3,690 2
2014£256,000 £3,101 2
2012£228,500 £2,792 1
2011£201,000 £2,553 1
2008£241,500 £2,850 2
2006£215,000 £2,986 1
2002£159,000 £1,622 1
1999£108,000 £1,385 1
1998£88,000 £1,114 1

All the Sales in the LAKELAND CLOSE, IG7 4QU

See the table below for more details on the sold house prices in the IG7 4QU, Redbridge postcode.

AddressSold DatePrice% Change
36 LAKELAND CLOSESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1950-196617 Jul 2020£425,00044.07%
15 Feb 2008£295,000First Sale
26 LAKELAND CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1930-194929 Dec 2017£430,00085.34%
20 Feb 2014£232,000First Sale
16 LAKELAND CLOSETerraced, FreeholdArea: 97 Sq.mtrAge: 1950-196616 Jun 2017£380,000First Sale
34 LAKELAND CLOSESemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1950-196616 Feb 2016£465,00086.00%
01 Nov 2012£250,000First Sale
24 LAKELAND CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 1930-194903 Aug 2015£285,00032.56%
27 Jan 2006£215,000First Sale
38 LAKELAND CLOSESemi-Detached, Freehold31 Mar 2015£430,000235.94%
19 Nov 1999£128,000First Sale
30 LAKELAND CLOSETerraced, FreeholdArea: 81.84 Sq.mtrAge: 1930-194902 Mar 2015£280,00022.54%
02 Mar 2012£228,500First Sale
28 LAKELAND CLOSETerraced, FreeholdArea: 83 Sq.mtrAge: 1950-196629 Sep 2014£280,000First Sale
6 LAKELAND CLOSETerraced, FreeholdArea: 78.72 Sq.mtrAge: 1930-194921 Dec 2011£201,000First Sale
12 LAKELAND CLOSETerraced, FreeholdArea: 98 Sq.mtrAge: 1950-196620 Mar 2008£250,000First Sale
4 LAKELAND CLOSETerraced, FreeholdArea: 74 Sq.mtrAge: 1930-194931 Jan 2008£233,000First Sale
18 LAKELAND CLOSETerraced, FreeholdArea: 98 Sq.mtrAge: 1950-196616 Oct 2002£159,000First Sale
8 LAKELAND CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1930-194928 Oct 1999£108,000First Sale
2 LAKELAND CLOSETerraced, FreeholdArea: 79 Sq.mtrAge: 1950-196620 Mar 1998£88,000First Sale

Check out the sold house prices near the IG7 4QU postcode. Properties currently for saleProperties currently for rent

LAKELAND CLOSE, IG7 4QU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IG7 4QU postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the IG7 4QU postcode.

  • Detached
    • The average price is around £419,087 median price is £380,000 Standard Deviation is £204,870 with Total Sold: 64
    • The Last 5 Year average price is £682,972 with Total Sold: 9
    • The most recent sale happened at this postcode is , 121A BURROW ROAD: £551,200 (Sold on 16 Jul 2024)
    • The first recorded sale happened at this postcode is , 3 WOOLHAMPTON WAY: £118,000 (Sold on 25 May 1995)
  • Semi-Detached
    • The average price is around £239,270 median price is £210,000 Standard Deviation is £138,215 with Total Sold: 704
    • The Last 5 Year average price is £429,495 with Total Sold: 96
    • The most recent sale happened at this postcode is , 193 BROCKET WAY: £460,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , 2 TERCEL PATH: £120,000 (Sold on 24 Jan 1995)
  • Flat
    • The average price is around £179,023 median price is £176,700 Standard Deviation is £83,967 with Total Sold: 326
    • The Last 5 Year average price is £260,771 with Total Sold: 59
    • The most recent sale happened at this postcode is , 30 THE RIDINGS: £240,000 (Sold on 10 May 2024)
    • The first recorded sale happened at this postcode is 21, BUCKTHORNE HOUSE, 43 YELLOWPINE WAY: £31,000 (Sold on 31 Jan 1995)
  • Terraced
    • The average price is around £215,522 median price is £200,000 Standard Deviation is £108,676 with Total Sold: 548
    • The Last 5 Year average price is £395,038 with Total Sold: 66
    • The most recent sale happened at this postcode is , 15B HANNARDS WAY: £450,000 (Sold on 04 Mar 2024)
    • The first recorded sale happened at this postcode is , 18 FALCONER ROAD: £27,360 (Sold on 06 Feb 1995)
  • Other
    • The average price is around £592,500 median price is £592,500 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £592,500 with Total Sold: 1
    • The most recent sale happened at this postcode is , 59 ROMFORD ROAD: £592,500 (Sold on 15 Jun 2021)
    • The first recorded sale happened at this postcode is , 59 ROMFORD ROAD: £592,500 (Sold on 15 Jun 2021)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£551,2001
2023£650,500 £3,026 1
2022£608,350 £5,329 3
2021£715,000 £5,144 1
2020£740,000 £6,325 1
2019£832,500 £4,915 2
2018£715,000 £4,704 2
2017£597,500 £5,610 2
2016£500,000 £3,967 2
2015£530,071 £4,092 7
2014£597,172 £3,446 2
2013£371,250 £2,860 2
2011£447,498 £2,595 2
2009£380,000 £2,304 2
2008£487,500 £3,544 2
2007£493,333 £3,822 3
2006£375,000 £2,698 1
2005£380,8333
2004£406,000 £2,673 2
2003£350,0003
2002£235,000 £1,621 1
2001£272,0001
2000£271,667 £1,786 3
1999£192,667 £1,099 3
1998£228,500 £1,969 2
1997£170,000 £1,138 6
1996£139,317 £880 3
1995£118,000 £702 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£425,000 £4,746 6
2023£441,206 £4,680 17
2022£462,667 £4,698 12
2021£434,562 £4,624 24
2020£426,566 £4,492 23
2019£384,893 £3,910 14
2018£426,138 £4,373 20
2017£378,650 £4,108 20
2016£385,768 £3,712 40
2015£337,441 £3,397 37
2014£269,224 £2,959 29
2013£222,432 £2,405 22
2012£242,188 £2,563 16
2011£231,080 £2,594 25
2010£228,221 £2,454 18
2009£200,594 £2,301 16
2008£224,344 £2,762 16
2007£233,703 £2,614 32
2006£216,783 £2,424 30
2005£197,083 £1,945 30
2004£212,247 £2,147 22
2003£174,879 £1,888 29
2002£139,616 £1,556 34
2001£127,222 £1,469 27
2000£95,770 £1,076 22
1999£98,843 £1,077 32
1998£91,400 £960 20
1997£72,974 £788 28
1996£71,059 £800 22
1995£67,667 £668 21
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£297,500 £5,081 4
2023£268,000 £4,402 10
2022£260,600 £4,326 10
2021£244,717 £4,119 15
2020£296,400 £4,578 5
2019£250,450 £4,094 15
2018£237,400 £4,216 10
2017£279,769 £4,534 13
2016£245,015 £3,987 36
2015£203,106 £3,678 35
2014£172,667 £3,031 9
2013£164,700 £2,740 10
2012£139,833 £2,228 6
2011£145,500 £2,466 6
2010£117,600 £2,126 5
2009£134,999 £2,138 5
2008£132,400 £2,412 5
2007£156,916 £2,543 12
2006£145,917 £2,298 6
2005£186,401 £2,842 28
2004£121,200 £2,097 10
2003£123,080 £2,056 10
2002£105,687 £1,793 11
2001£75,963 £1,182 7
2000£59,874 £987 8
1999£53,874 £901 8
1998£44,771 £806 11
1997£44,062 £696 8
1996£44,860 £675 5
1995£34,600 £656 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£450,0001
2023£428,588 £5,003 12
2022£422,923 £4,581 13
2021£375,080 £4,578 15
2020£348,375 £4,387 8
2019£386,368 £4,471 17
2018£340,688 £4,061 16
2017£321,092 £3,956 19
2016£337,280 £4,134 25
2015£289,180 £3,460 25
2014£250,555 £2,985 27
2013£237,366 £2,487 15
2012£213,656 £2,695 16
2011£205,150 £2,442 10
2010£206,222 £2,428 9
2009£191,673 £2,423 13
2008£214,250 £2,705 18
2007£221,640 £2,476 32
2006£199,291 £2,333 29
2005£177,737 £1,974 19
2004£184,687 £2,357 24
2003£159,074 £1,962 31
2002£139,499 £1,801 25
2001£114,499 £1,299 24
2000£115,723 £1,456 29
1999£94,944 £1,055 18
1998£81,893 £992 14
1997£65,206 £791 17
1996£64,103 £817 19
1995£54,294 £551 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£592,500 £2,783 1

House Type in IG7 4QU area

The most common house types in the IG7 4QU postcode area are Terraced (49), Flat (48), and Semi-detached (34).

Total135
Terraced49
Flat48
Semi-detached34
Detached2
Shared house2
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (43), and Owned: Owns with a mortgage or loan (37).

Social rented: Rents from council or Local Authority43
Owned: Owns with a mortgage or loan37
Owned: Owns outright23
Private rented: Private landlord or letting agency17
Social rented: Other social rented5
Shared ownership: Shared ownership4
Lives rent free2
Private rented: Other private rented1
Does not apply0

Number of People in a Household

The most houses in the IG7 4QU have 2 people in household (32), and 4 people in household (32).

2 people in household32
4 people in household32
1 person in household28
3 people in household21
5 people in household15
6 people in household4
7 people in household1
0 people in household0
8 or more people in household0